Los Angeles daily herald., 1887-11-10
WELCOME NEWS.
The Tenth Street Hotel an
Assured Fact.
BOARD MEETING YESTESDAY.
of Incorporation Will
Probably Be Drawn Up
Next Week.

| "A meeting OF those interested III Tic
erection of the mammoth hotel on
Main and Tenth streets was held yes
terday afternoon in the Farmers and
Merchants bank, large number be-
ing present. During The course of the
session the following information was
evolved:
With the exception of about $56 1000
the requisite amount of subscriptions
has been obtained and this shortage
has already been promised, though
not definitely. A "whip" will be is
sued on the non-signing members
during the end of this
week, and every effort will be made
to have the total made up by Monday
next. Articles of incorporationwill then
be drawn up and first assessment
of 10 per cent levied. The General
Board appointed the following direc-
tors with full powers to act: I. w.
Hellman, J. NJ. Grittiths, o. w. Childs,
Il. w. Kerckhof', Caspar Kohn,
stephen M. White and A. Il. Denker
The work of excavation will prOha-
oily be commenced next week
and from that time ON will be pushed
forward with all the speed possihle,
though, owing to the magnitude of the
undertaking it will be at least year
ere the building will be ready to ac-
commodate the public. No expense
will be spared in its erection and it is
intended to make it one of the finest
structures in California, il money and
ingenuity can do it. It will oc-
cupy lot 300x3O0 feet, will
be four or five stories high and contain
from 600 to 700 rooms. The material
is to be brick and stone, and elaborate
ornamentation will be added so as to
enhance its beauty. Mr.. o. j. Much
more, of Boston, who has superin-
tended the erection Of several hotels
in the East, and under whose charge
the Raymond at Pasadena was
built. will have full control of the
construction and is already on his
way to Los Angeles, having left Bos-
ton on Tuesday last. He has already
made the preliminary arrangements
and will go right to work ilnmedi-
dtely on his arrival. In the event of
there being a scarcity of skilled artis-
ms and mechanics in Los An
gel IS, Mr.. Muchmore has a.
number of men under con-
t act who can he summoned here
by telegraph, bet strict preference
will he given to local labor.
Several minor matters were dis
cussed and tn. Board then adjourned,
to meet on Monday next at p. NJ. at
the Ftrmers' and Merchants Bank,
on which occasion the final prelimin-
aries wi be settled and preparations
uade for the drawing up of the arti-
cles of incorporation.
MR.. DENKER's OPINION.
A HERALD reporter called at Mr..
Denker's residence last night to obtain
some additional information on the
subject, and was cordially received by
that gentleman. eyes," said Mr.. Dem
ker, in response to query; "it is an
assured flct now that the hotel will be
huilt. The $4,000 that we are at pres
ent short will no doubt be all signed
for by NJ ,nday. as there are many who
have promised to assist the venture
that we have been unable to see late
ly-some Of them being out of town,
&c. But they will be all hunted up
turing the remainder of the week
and at Mondays meeting we trust and
expect to show that the last cent. has
been subscribed.
Il su ppose architects are already at
work on the plans for the building?"
.Yes, there are quite number of
firms in town. several in the East and
one in Paris, France, who have made
overtures to present plans to u.s."
"Will the hotel be leased or the
company run it themselves ?"
1t will certainly be leased and,
strange as it may appear, before even
the articles of incorporation are filed
we have received quite a number of
communications from persons anxious
to have the privilege OF rum
ming it. 1t will be knotty
question to decide as there are
SO many Eastern hotel men on the
qni Vive for an opening such as this
will present. Mr.. Emerson of Mime
apolis, one OF the best posted hotel
men in the United States, and who,
as you are doubtless aware, is in town,
thinks that our plans and projects are
admirable, and says that we are in the
center of one OF the finest fields
for hotel business in the world: OF
that think there is no question and
when the edifice we intend to erect
rears itself to the sky, l think all
Angelefios will applaud the result Of
our enterprise and hail with acclama-
ton such a welcome addition to the
necessary institutions of our city,"